Click on chart for more premarket data.
NEW YORK (CNNMoney) -- U.S. stock futures were mixed Thursday after Spain's credit rating was downgraded, and ahead of several U.S. economic reports.
Credit rating agency S&P downgraded Spain late Wednesday, which came as no surprise to investors. Still, the move could complicate Madrid's efforts to avoid requesting a bailout. S&P also warned that the latest plan to recapitalize Spanish banks "still lacks predictability."
European stocks started off lower, but rebounded as the morning progressed. Britain's FTSE 100 added 0.4%, the DAX in Germany rose 0.7% and France's CAC 40 edged higher 0.3%.
Meanwhile in Asia, South Korea's central bank lowered interest rates for the second time this year. Markets ended the day mixed. The Shanghai Composite slid 0.8% and Japan's Nikkei shed 0.6%, while the Hang Seng in Hong Kong ticked up 0.4%.
Fear & Greed Index
In the United States, investors will begin Thursday with a handful of reports due at 8:30 a.m. ET from the U.S. government on initial jobless claims, import and export prices, and the trade deficit.
Analysts surveyed by Briefing.com expect initial jobless claims for the week ended October 6 to total 370,000, up from 367,000 in the week prior.
It will be a relatively quiet day for earnings in the corporate world, with firms including grocery chain Safeway (SWY, Fortune 500) scheduled to report. Results are due Friday morning from megabanks JPMorgan (JPM, Fortune 500) and Wells Fargo (WFC, Fortune 500).
U.S. stocks fell Wednesday amid mounting concerns about global economic growth and corporate earnings.
Related: M&A drought not letting up
Companies: Shares of Ruby Tuesday (RT) fell 7.8% in after-hours trading Wednesday, after the restaurant chain reported quarterly earnings that missed expectations.
Currencies and commodities: The dollar fell versus the euro, British pound and Japanese yen.
Oil for November delivery added 49 cents to $91.74 a barrel.
Gold futures for December delivery rose $4.00 to 1,769.10 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury edged higher, pushing the yield down to 1.68% from 1.69% late Wednesday. 
First Published: October 11, 2012: 6:21 AM ET
Anda sedang membaca artikel tentang
Stocks: Choppy trading ahead
Dengan url
http://ngopingeteh.blogspot.com/2012/10/stocks-choppy-trading-ahead.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Choppy trading ahead
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar